Major Asian stock markets closed lower on Tuesday, as investors sought clarity on the U.S.-China trade front a day after President Donald Trump postponed a closely watched tariff deadline in early March.
In a volatile session Tuesday, mainland Chinese stocks slipped on the day after registering strong gains on Monday. The Shanghai composite fell 0.67 percent to around 2,941.52 while the Shenzhen component declined 0.499 percent to about 9,089.04. The Shenzhen composite shed 0.486 percent to approximately 1,549.71.
The moves came after Chinese stocks saw explosive gains on Monday on the back of optimism on the U.S.-China trade negotiations, which saw the Shanghai composite surge more than 5 percent into bull market territory.
Hong Kong's Hang Seng index fell 0.65 percent, as of its final hour of trade.